The End of Reform
New Deal Liberalism in Recession and War
How New Deal liberalism narrowed from restructuring the economy to managing it, and what that cost later.
Brinkley traces how New Deal liberalism changed during the recession of 1937 and the war that followed: from restructuring capitalism to managing consumption and demand within it. The narrowing, he argues, set the terms for everything American liberalism has been able to attempt since.
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Eric Foner
Brinkley highlights a very important moment in the history of liberalism, a moment that plants the seeds for where we are today. For example, President Obama, whom I admire in many ways, quickly gave up the idea of actually changing the structure of our economy. Obama entered office in the midst of the most serious economic crisis since the Great Depression. He could have said: We gotta rethink things.
Interview · September 2012
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